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Greek deflation shoots up to 1.7 pct in October
EconomyMacroeconomyThe Greek economy showed deeper deflation of 1.7 percent in October from 0.8 percent in September, according to the Hellenic Statistical Authority (ELSTAT). The headline figure recorded... made by the Greek government and the troika. Thus, despite initial estimates, 2014 will be a year
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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus improved to 3.14 billion euros in the 9-month period of 2014 from 1.86 billion last year, a 69 percent year on year (YoY) rise, according...) guarantees from 9.79 billion euros in December to zero as of June. This development stemmed from Greek
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New bribe claims likely to poison Greek politics further ahead of presidential vote
PoliticsGreek PoliticsFresh claims of attempts to bribe opposition MPs ahead of February’s presidential vote have surfaced in Greek politics but there are doubts about whether they are well-founded and if they will have... of claims highlights the tension that is building within the Greek political system as we head
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Eurogroup agrees two-month extension for Greek bailout but political developments to dominate
EconomyProgrammereport on the state of play of the current review, while the Greek government will officially... extension so the Greek government will have to imminently submit its official request
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Greek stocks plunge again as bond yields climb to new high amid political turmoil
EconomyFollowing a modest drop of 1 percent on Wednesday, the Greek stock market plunged 7.35 percent today amid elevated investor concerns related to developments on the domestic political front. Concerns.... Bonds Investors' unease with the recent political developments was fully reflected in the Greek
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Greek bond yields at post-PSI high as Athens bourse continues plunge
EconomyThe Greek stock market continued heading south for the second straight session on Wednesday, when it fell by 1.46 percent. This follows a nosedive of 5.63 percent on Monday, as Tuesday was a public... in the bond market with the 3-year Greek government bond yield climbing by more than 1.5 percentage
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Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
EconomyMacroeconomythat time deposit rates have not followed suit. Since the beginning of the Greek crisis, the time... percentage points since. Although the Greek time deposit rate has sharply retreated, it still remains well
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First rise since 2009 for Greek household disposable income in Q3 2014
EconomyMacroeconomyGreek household disposable income rose by 0.03 percent year on year (YoY) in the third quarter (Q3) of 2014 following a drop of 8.3 percent in Q2, according to the Hellenic Statistical Authority..., which corresponds to more than 3.2 billion that are no more available for Greek households
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Greek deposits down 4.2 bln in Dec for highest outflows since June 2012
EconomyMacroeconomyGreek private sector deposits fell for the third straight month in December, when they declined by 2.4 percent month on month (MoM). Balances reached 160.29 billion euros, according to the Bank... January deposit data on February 26. At the same time, Greek banks increased their Eurosystem
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Greek credit contracts by 3.1 pct in December
EconomyMacroeconomyThe rate of contraction in Greek bank credit slightly accelerated to 3.1 percent in December from 3 percent in November, according to the Bank of Greece (BoG). However, this was the second lowest... delay loan expansion in the Greek market.
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